WHEN: 12 October 2021
WHAT IT INFLUENCES: USD and its subsequent pairs
WHAT'S HAPPENING: The Consumer Price Index (CPI) Ex Food & Energy released by the U.S. Department of Labour Statistics is a measure of price movements by comparing the retail prices of a representative shopping basket of goods and services. Volatile products, such as food and energy, are excluded to capture an accurate calculation. Generally speaking, a high reading is seen as positive or bullish for the USD, while a low reading is negative, or bearish.
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